RCI Hospitality Holdings (RCI Hospitality Holdings) Company Operated Sales (USD Mil) : 73.91 (As of Dec. 2023)

RCI Hospitality Holdings Company Operated Sales (USD Mil) Chart

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Competitive Comparison of RCI Hospitality Holdings's Company Operated Sales (USD Mil)

For the Restaurants subindustry, RCI Hospitality Holdings's Company Operated Sales (USD Mil), along with its competitors' market caps and Company Operated Sales (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RCI Hospitality Holdings  (NAS:RICK) Company Operated Sales (USD Mil) Explanation

Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.

In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.

One of the key differences between franchise and chain stores is the amount of risk involved. When a company chooses to expand with chain stores, it assumes all of the risks on its own. It funds the entire expansion project. By comparison, when a company franchises, it passes some of the risks onto other investors. Franchising represents less risk for the parent company, but it shifts the risk to the franchisee.

RCI Hospitality Holdings Company Operated Sales (USD Mil) Related Terms

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RCI Hospitality Holdings (RCI Hospitality Holdings) Business Description